Strategically Speaking: How Will E-books Impact Your Bottom Line?
It’s time to sit down and rethink traditional business models. Here are key factors to consider.
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Operating Costs
Operating costs are defined as the recurring expenses connected with a business' operation. Operating expenses typically have both a large, fixed component (i.e., costs that don't change dramatically with the level of activity, sometimes described as "overhead," and include expenses such as salaries, rent, insurance costs, etc.) and variable costs, which vary with the level of activity. Major components of operating costs include:
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David Hetherington
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